Trade

Garuda Indonesia earned $ 809,846 in profit last year

After recording a loss in 2017, PT Garuda Indonesia Tbk (GIAA) posted a profit of $ 809,846 last year. That profit is equivalent to Rp. 11.4 billion ($ 1 = Rp. 14,000).

In the previous year or 2017, Garuda Indonesia posted a net loss of $ 216.58 million.

GIAA profit was sustained by revenues which increased by 4.8% to $ 4.37 billion in 2018. The revenue came from scheduled flights of $ 3.53 billion, unscheduled flights of $ 266.86 million and other revenues of $ 567.93 million.

Reporter: Noverius Laoli
Editor: Komarul Hidayat
Kontan.co.id

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